Ryan Donovan, President and Chief Executive Officer of the Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System, today released the following statement in response to President Trump?s nomination of Bill Pulte as director of the Federal Housing Finance Agency.
Greystone, a leading national commercial real estate finance company, has provided a $11,749,000 Fannie Mae Delegated Underwriting & Servicing loan to refinance a 61-unit multifamily property in Amityville, New York.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 7.04 percent. ?Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024,? said Sam Khater, Freddie Mac?s Chief Economist.
Freddie Mac? Multifamily today announced its 2024 production volume totaled $66 billion, a 34% increase over 2023. ?Every day, we go to work to provide liquidity, stability and affordability to the multifamily market. Freddie Mac data released today indicates that the company will achieve its 2024 Multifamily affordable housing goals set by the Federal Housing Finance Agency.
Freddie Mac??and Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced enhancements that leverage both companies? automation technologies to enable lenders to more quickly and efficiently underwrite mortgage loans starting at the point of sale.
The Federal Home Loan Bank of Indianapolis and LISC Detroit announced today a new program designed to help resolve and prevent ongoing heirs? property issues in the city of Detroit.
Freddie Mac today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in California. ?The number one priority for those affected by the destruction of these ongoing wildfires is to reach safety,? said Mike Reynolds, Freddie Mac Single-Family Vice President and Head of Servicing.
Federal Home Loan Bank of Atlanta announced today that it has appointed four new members to its Affordable Housing Advisory Council. Scott Farmer is executive director of the North Carolina Housing Finance Agency, overseeing the organization?s financing of more than $2 billion of affordable housing and its work to assist more than 11,000 households in the state each year.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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